Spice Holdings PLC
15 September 2005
AGREEMENT WITH BAA PLC
Spice Holdings plc ('Spice') is pleased to announce that its subsidiary company,
AirRadio Limited, has entered into a Letter of Agreement with BAA in respect of
the seven airports that BAA owns and operates in the United Kingdom. AirRadio
provides mobile voice and data communications for mission critical environments
to airlines, airports and ground operation companies both in the United Kingdom
and overseas.
The Letter of Agreement provides for a new closer working relationship between
AirRadio and BAA at Heathrow, Gatwick, Stansted, Southampton, Edinburgh,
Aberdeen and Glasgow airports. The key points of the Letter of Agreement are
that BAA will:
* Actively promote AirRadio's on site services to the airports' tenants
* Take a collaborative approach with AirRadio on airport related radio
regulatory issues
* Seek to work with AirRadio to share infrastructure to reduce costs
* Work with AirRadio to facilitate the development of new on-site services.
Simon Rigby, Chief Executive Officer of Spice Holdings, said: 'We are delighted
to be signing this Letter of Agreement with BAA. AirRadio has worked with BAA
for a number of years and this agreement reflects the growing recognition of the
company as a leader in mobile communications for the aviation industry. We
believe that working closely with BAA will enable us to increase both our range
of services and the number of customers at its seven major airports and assure
BAA that all the tenants and operators at its airports will receive an excellent
communications service.'
For further information, please contact:
Spice Holdings plc Tel: 0113 384 3838
Simon Rigby, Chief Executive Officer
Rawlings Financial PR Limited Tel: 01756 770 376
Catriona Valentine
NOTES TO EDITORS
Spice Holdings plc
Spice is a support services business operating in the utilities and facilities
management sector. The Group's operations were founded in 1996 and have their
origins in the electricity industry, though the range of activities has since
been expanded into the water sector, niche telecommunications services ,the
public sector and commercial facilities management. Spice's businesses have a
common theme of delivering and coordinating infrastructure services to
customers, and the technological element within the product mix has been built
up significantly over the course of the last three years.
Air Radio Limited
Air Radio, part of the Telecoms Services Group of Spice, provides mobile voice
and data communications for mission critical environments to airlines, airports
and ground operation companies both in the United Kingdom and overseas. Formerly
the Speedwing Communications business of British Airways, it was acquired by
Spice Holdings from British Airways in August 2003.
BAA
BAA is the world's leading airport company. Its seven UK airports - Heathrow,
Gatwick, Stansted, Southampton, Edinburgh, Glasgow and Aberdeen serve over
141million passengers a year, more than two thirds of the UK's air passenger
traffic.
This information is provided by RNS
The company news service from the London Stock Exchange
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